revenue bond

noun

: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property

Examples of revenue bond in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
It was funded partially by revenue bonds and private donations. Chris Biderman, Sacbee.com, 29 Aug. 2025 The Louisiana State Bond Commission on Thursday approved nearly $38 million in revenue bonds to support two affordable housing projects in New Orleans. Center Square, The Washington Examiner, 24 Aug. 2025 To fund it all, CLT sold $291 million in revenue bonds this spring, while earning recognition as North America’s most financially efficient airport for the third straight year. Frank Holmes, Forbes.com, 21 Aug. 2025 Howard doesn't focus on general obligation bonds versus revenue bonds, or any specific sector over another. Michelle Fox, CNBC, 11 Aug. 2025 See All Example Sentences for revenue bond

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

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Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 11 Sep. 2025.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

Last Updated: - Updated example sentences
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